Railway pay cheques were metallic tokens or tallies used to ensure appropriate payment to the correctly identified railway employee.
Railway pay cheques were metallic tokens or tallies used to ensure appropriate payment to the correctly identified railway employee.
The one-sided identification cheques were usually drawn from the wages office on a Thursday, prior to the Friday payday. The cheques would then be exchanged for a payslip, and the wages paid on signature. [1] In many cases where pay cheques were in use they were often issued to each employee at the start of his employment and retained for the rest of the person's working life with the company. [2] Specialised trays were used for storing these cheques. [3] Stores, maintenance and other departments used this 'pay cheque' system. British Railways examples exist, however it is not at present recorded when their use ceased. [4]
Other occupations used the pay cheque system, such as the mining industry. [2]
These had a slightly different use, being more of a system for ensuring the correct pay by 'checking' in and out of the workplace prior to machines being produced for this specific purpose. 'Checks' were often 'holed' for hanging on boards. In mining, for example, a number on the check was personal to each miner and prior to going down the pit, the miner would give one of his tallies to the pit head "banksman", keeping the duplicate for the duration of the shift. Upon returning to the surface, the miner gave his personal tally to the banksman who would pass it on to the time office or the lamp room. This system made it possible to keep track on workers' whereabouts in the mine complex and for what periods they were working. [5]
Pay checks and tallies were only marked on one side and were produced in a great variety of shapes, sizes and designs; made typically of brass or zinc, sometimes steel or aluminium. [5]
Pay cheques came in various shapes and sizes, including oval, circular, square, tear-shaped, D-shaped, bone-shaped, rectangular, [4] octangular, [6]
Copper, brass, white metal [4] and pewter were in common use. [7]
Pay cheques were issued by a number of companies, including the Great Western Railway, London, Midland and Scottish Railway, London & North Western Railway, British Railways, [4] Great Central Railway, [8] North Eastern Railway, [9] etc.
Railway cheques are collected as exonumia or paranumismatica. [3]
Cheque clearing or bank clearance is the process of moving cash from the bank on which a cheque is drawn to the bank in which it was deposited, usually accompanied by the movement of the cheque to the paying bank, either in the traditional physical paper form or digitally under a cheque truncation system. This process is called the clearing cycle and normally results in a credit to the account at the bank of deposit, and an equivalent debit to the account at the bank on which it was drawn, with a corresponding adjustment of accounts of the banks themselves. If there are not enough funds in the account when the cheque arrived at the issuing bank, the cheque would be returned as a dishonoured cheque marked as non-sufficient funds.
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